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CITY

Banks Lake South

Washington · 348 residents · 2.435 sq mi
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The short version

Banks Lake South has notably lower household income than the US average, with a median household income of $53,558. The city has more than doubled in size since 2000, adding 188 residents. 9% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $252,100. At a median age of 31.3, residents skew younger than the country as a whole. Households here earn about 45% less than the Washington median.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 31.3
US median: 38.9
Less educated
9% hold a bachelor's degree
US average: 36%
Less affordable
home values up 38%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

348
+118%since 2000
from 160 in 2000
2000 – 2024
143 / sq mi
+118%since 2000
from 66 / sq mi in 2000
US average: 281
31.3
−41%since 2000
from 53.2 in 2000
US average: 38.9
Population, 20002024
801532262993722000201020202024Banks Lake South
2024348
2000201020202024
Section 02

Income & economy

$53,558
−22%inflation adjusted, since 2000
from $37,500 in 2000
US average: $82,259
2000 – 2024
$23,091
+24%since 2000
from $18,588 in 2000
US average: $44,673
Households earning $100K+
24.4%
+0.8 ptssince 2009
from 23.6% in 2009
US average: 53.3%
7.5%
−1.2 ptssince 2000
from 8.7% in 2000
US average: 12.5%
0.344
−5%since 2010
from 0.363 in 2010
US average: 0.476
Workforce by industry, 2024
Agriculture, forestry, fishing17.1%
US avg: 1.6%
Construction17.1%
US avg: 1.2%
Wholesale trade13.2%
US avg: 6.9%
Information2%
US avg: 10.8%
Other services2%
US avg: 6.7%
Public administration2%
US avg: 4.8%
Manufacturing0%
US avg: 0.4%
Retail trade0%
US avg: 9.9%
Transportation & warehousing0%
US avg: 2.2%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$252,100
+38%inflation adjusted, since 2000
from $100,000 in 2000
US average: $376,019
2000 – 2024
73.9%
−18.1 ptssince 2000
from 92.0% in 2000
26.1% rent
16.2%
+16.2 ptssince 2009
from 0.0% in 2009
US average: 10.0%
31.8%
+26.3 ptssince 2009
from 5.6% in 2009
US average: 22.9%
0.0%
−100.0 ptssince 2010
from 100.0% in 2010
US average: 47.4%
4.7
+77%since 2000
from 2.7 in 2000
2000 – 2024
RELATED:See current rent listings in Banks Lake South on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic99.4%(159)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%
Diversity Score0%(0)
2024
White, non-Hispanic67.8%(236)
Black0%(0)
Hispanic / Latino5.5%(19)
Asian2.9%(10)
Other23.9%(83)
Diversity Score59.9%(209)
60
from 0 in 2000
2000 – 2024
Section 05

Education

9.3%
−1.5 ptssince 2000
from 10.8% in 2000
US average: 35.6%
High school or higher
100.0%
+18.9 ptssince 2000
from 81.1% in 2000
US average: 89.6%
1.6%
−3.8 ptssince 2000
from 5.4% in 2000
US average: 14.0%
Section 06

Commute & transportation

31.5 min
+152%since 2000
from 12.5 min in 2000
US average: 26.5
86.8%
+37.9 ptssince 2009
from 48.9% in 2009
US average: 68.9%
0.0%
−12.8 ptssince 2009
from 12.8% in 2009
US average: 8.5%
0.0%
−8.5 ptssince 2009
from 8.5% in 2009
US average: 3.2%
13.2%
−3.9 ptssince 2009
from 17.0% in 2009
US average: 15.0%
0.0%
−12.8 ptssince 2009
from 12.8% in 2009
US average: 2.4%
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
0.0%
−2.8 ptssince 2009
from 2.8% in 2009
US average: 8.3%
Section 07

Work & employment

9.5%
+5.2 ptssince 2011
from 4.3% in 2011
US average: 5.2%
58.5%
+12.1 ptssince 2011
from 46.5% in 2011
US average: 63.5%
3.3%
−18.0 ptssince 2009
from 21.3% in 2009
US average: 13.1%
12.5%
−68.4 ptssince 2009
from 80.9% in 2009
US average: 42.5%
Section 08

People & community

42.8%
+1.2 ptssince 2009
from 41.6% in 2009
57.2%
−1.2 ptssince 2009
from 58.4% in 2009
1.7%
−1.2 ptssince 2009
from 2.9% in 2009
US average: 14.1%
4.4%
−39.1 ptssince 2009
from 43.4% in 2009
US average: 6.2%
44.3%
+37.2 ptssince 2012
from 7.1% in 2012
US average: 13.3%
0.9%
−93.0 ptssince 2013
from 93.9% in 2013
US average: 8.4%
100.0%
+8.5 ptssince 2017
from 91.5% in 2017
US average: 91.0%
98.2%
−1.8 ptssince 2016
from 100.0% in 2016
US average: 77.7%
1.8%
+1.8 ptssince 2016
from 0.0% in 2016
US average: 13.6%
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Frequently asked

How many people live in Banks Lake South, Washington?

Banks Lake South, Washington has about 348 residents according to the 2024 American Community Survey.

What is the median household income in Banks Lake South, Washington?

The typical household in Banks Lake South, Washington earns about $53,558 a year. Half of households make more than that, and half make less.

Is Banks Lake South, Washington expensive?

In Banks Lake South, Washington, the median home is worth about $252,100.

How educated are people in Banks Lake South, Washington?

About 9.3% of adults age 25 and over in Banks Lake South, Washington hold a bachelor's degree or higher.

What is the poverty rate in Banks Lake South, Washington?

About 7.5% of people in Banks Lake South, Washington live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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